Does the country you create your Adsense matter

Hi All,

I used to have adsense account in the UK for some time then that got shutdown. i was wondering does it really matter what country you create your adsense account in since the currencies are different and lower than the UK pounds. i have a account in the UAE but i don't think its generating enough as it should compared to my UK account since the traffic is still from the UK and United States

Thanks
Abz

If you mean does it affect earnings - then no